Business | Markets

UAE's 3-month interbank rate falls as government pumps in funds

The UAE's 3-month interbank interest rate fell to 4.67188 per cent on Tuesday from 4.70938 per cent a day earlier, after the government announced Dh70 billion liquidity.

  • Agencies
  • Published: 11:28 October 14, 2008
  • Gulf News

Dubai: The UAE's 3-month interbank interest rate fell to 4.67188 per cent on Tuesday from 4.70938 per cent a day earlier, after the government announced Dh70 billion liquidity.

The 3-month interbank rate also fell on Monday after the government promised to protect bank deposits and pump in liquidity.

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